FINANCE

Council pension assets in 'good health'

The asset side of local government pension schemes’ (LGPS) balance sheets is in good health, according to the latest performance analytics data.

The asset side of local government pension schemes' (LGPS) balance sheets is in good health, according to the latest performance analytics data.

Data from 60 LGPS funds compiled by Pensions & Investment Research Consultants (PIRC) revealed a huge return from equities – the largest allocation within most portfolios - as the markets surged ahead despite shocks such as the US election and Brexit.

Dan Peters

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